401(k) · DOL Form 5500 · 2024

Qs Welding & Machine, Inc. 401(k) Plan

Data updated 2026-08-25

$374K
Total assets Small plan by assets
1
Participants Small participant base
15th
Percentile by assets National rank
$373,713
Avg per participant High balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Q's Welding & Machine Retirement Plan · Sponsored by Qs Welding & Machine, Inc. · North Dakota · Other Services

$374K in assets, 1 participants

Qs Welding & Machine, Inc.'s Q's Welding & Machine Retirement Plan reported $374K in total assets and 1 participant in its 2024 DOL Form 5500 filing, ranking in the 15th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • #2,540 in Other Services (7,719 peers)

2024 asset change

Q's Welding & Machine Retirement Plan pulled back noticeably 8.6% in 2024 ($409K → $374K) for 1 participant.

#2,540
in Other Services (7,719 peers)
-8.6%
assets change YoY

The plan reported a net loss of $35K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Q's Welding & Machine Retirement Plan among the smaller filed plans by assets

Q's Welding & Machine Retirement Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$373,713 15th percentile higher than 15% of 123,620 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024

Q's Welding & Machine Retirement Plan among micro filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Q's Welding & Machine Retirement Plan is a micro filing (1 participant), the leftmost band.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Q's Welding & Machine Retirement Plan reported net income fell from $409K in the plan year 2023 filing to -$35K in the plan year 2024 filing.
  • Q's Welding & Machine Retirement Plan end-of-year assets fell from $409K in the plan year 2023 filing to $374K in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 923015228 · Qs Welding & Machine, Inc. PY 2024 · 401(k)

Q's Welding & Machine Retirement Plan · $374K · 1 · 15th

  • EOY $374K
  • EOY 1
  • EOY 15th
  • EOY 401(k)
  • EOY near Windy Ridge Ventures Retirement Plan
  • EOY ind #2540

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Other Services retirement plans → · Plans in North Dakota →

Q's Welding & Machine Retirement Plan in the asset neighbourhood

Q's Welding & Machine Retirement PlanQ's Welding & Machine Retire…$374KWindy Ridge Ventures Retirement PlanWindy Ridge Ventures Retirem…$374KFnsj 401(k)$374KWildlife Wonders Inc. 401(k) PlanWildlife Wonders Inc. 401(k)…$374KMichael G. Taylor, M.D., P.L.C. Retirement PlanMichael G. Taylor, M.D., P.L…$374K
End-of-year total assets ($M) among Q's Welding & Machine Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Qs Welding & Machine, Inc. years around the 2024 move

Sponsor-wide plan assets over time

All Qs Welding & Machine, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$374K 8.649070144904863% vs 2023
2024 filing year
$0.36M$0.38M$0.4M$0.42M 20232024 $0.41M $0.37M ▼ -9.8%
Year Plans Participants Total Assets
2023 1 1 $409K
2024 1 1 $374K

2024 asset-move particulars

Total Assets (Beginning of Year)$409K
Net Assets (End of Year)$374K
Net Income-$35K
Employer EIN923015228
Plan Effective Date2023-03-21
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in North Dakota

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Q's Welding & Machine Retirement Plan vs. nearby 401(k) plans in North Dakota, assets vs. participants Scatter plot of 6 data points. -10000010000200003000040000 -101234 Total assets ($B) Participants Q's Welding & Machine Retirement Plan, Total assets ($B): 0.000373713 · Participants: 1Q's Welding & Machine Retirement PlanSanford Retirement Savings Plan, Total assets ($B): 3.602462001 · Participants: 31958Sanford Retirement Savings PlanKnife River Corporation 401(k) Retirement Plan, Total assets ($B): 0.856387415 · Participants: 5327Knife River Corporation 401(k) Retirement PlanMdu Resources Group, Inc. 401(k) Retirement Plan, Total assets ($B): 0.775551136 · Participants: 3465Mdu Resources Group, Inc. 401(k) Retirement PlanEide Bailly LLP 401(k) Profit Sharing Plan, Total assets ($B): 0.615317303 · Participants: 2920Eide Bailly LLP 401(k) Profit Sharing PlanOffutt Companies 401(k) Savings Plan, Total assets ($B): 0.591992052 · Participants: 5199Offutt Companies 401(k) Savings Plan
Q's Welding & Machine Retirement Plan vs. nearby 401(k) plans in North Dakota, assets vs. participants

Q's Welding & Machine Retirement Plan's out-of-state 401(k) peers by assets and headcount

Outside North Dakota, the nearest 401(k) by assets is Windy Ridge Ventures Retirement Plan in NC ($374K); by covered participants it is Concorde Support & Development, Inc. 401(k) Profit Sharing Plan in TX (1 participant). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($374K here).

Similar participant headcount

Nearest other-state filings by covered participants (1 participant); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Q's Welding & Machine Retirement Plan assets move in 2024?
Q's Welding & Machine Retirement Plan pulled back noticeably - down 8.6% during 2024, from $409K to $374K. Reported net income was -$35K.
How have Qs Welding & Machine, Inc. plan assets changed over time?
Across 2 plan years on file (2023-2024), Qs Welding & Machine, Inc.'s sponsor-wide assets declined 8.6%, from $409K to $374K.
Where does Q's Welding & Machine Retirement Plan rank by assets among Form 5500 filers?
Q's Welding & Machine Retirement Plan ranks in the 15th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (among the smaller plans by assets on file).
Which 401(k) plans are similar in size to Q's Welding & Machine Retirement Plan?
Among 401(k) plans in other states, the closest by assets is Windy Ridge Ventures Retirement Plan in NC ($374K, 1 participant).
Which 401(k) plans cover a similar participant headcount to Q's Welding & Machine Retirement Plan?
Among 401(k) plans in other states, the closest by covered participants is Concorde Support & Development, Inc. 401(k) Profit Sharing Plan in TX (1 participant, $415K in assets).